Stock Market Today: Dow edges lower
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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.
The stock market has been pricing in a strong economy, even if “conditions are lining up to disappoint those elevated expectations,” says Bob Elliott, co-founder of Unlimited Funds.
Following its first-ever stablecoin-settled initial public offering (IPO), the digital asset firm's stock fell more than 6%.
With inflation eating into your savings, relying solely on your nine-to-five paycheck might not be enough. This is where investing comes in. The stock market is in the red again, with major indexes wobbling on renewed concerns about economic growth and interest rate policy.
Since February 2025, Affirm has been in a holding pattern, posting a small loss of 1.6% while floating around $73.44. The stock also fell short of the S&P 500’s 4.7% gain during that period.
Albemarle is my top lithium play, benefiting from a potential lithium market turnaround and its status as the world's largest producer.
The Hertz move could hit shares of car dealers or online platforms such as Cars.com. Amazon Auto represents competition for listings and used-car inventory. Carvana stock dropped 3.5% to $332.11. CarGurus stock slipped 2.1% to $31.78. Cars.com stock was off 0.6% at $12.17.
Church & Dwight has notably underperformed the broader market over the past year, yet analysts remain cautiously optimistic about the stock’s prospects.
SoundHound AI (NASDAQ: SOUN), a voice AI platform that helps businesses deliver conversational AI experiences, has certainly attracted investor interest with its AI-led growth narrative. However, the stock’s history of sharp swings and recent market setup point to meaningful downside risk.
Stock in Nvidia, the only company that now holds a $4 trillion valuation, is starting to show signs of technical fatigue, while the rival chip maker Advanced Micro Devices is gaining strength. The daily chart below indicates Nvidia could be heading for a retest of a former breakout level,